Adobe (NASDAQ:ADBE) Issues Q1 2025 Earnings Guidance

Adobe (NASDAQ:ADBE) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.950-5.000 for the period, compared to the consensus earnings per share estimate of 4.940. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $5.7 billion. Adobe also updated its FY 2025 guidance to 20.200-20.500 EPS.

Adobe Stock Performance

Shares of NASDAQ:ADBE traded up $2.88 on Wednesday, reaching $549.93. The company’s stock had a trading volume of 5,564,306 shares, compared to its average volume of 3,130,434. Adobe has a 52-week low of $433.97 and a 52-week high of $638.25. The stock has a market capitalization of $242.08 billion, a P/E ratio of 46.42, a PEG ratio of 2.52 and a beta of 1.29. The stock’s 50-day moving average is $505.69 and its two-hundred day moving average is $523.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.11 and a quick ratio of 1.11.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, September 12th. The software company reported $4.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.53 by $0.12. Adobe had a return on equity of 42.82% and a net margin of 25.59%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.37 billion. During the same quarter last year, the company posted $3.26 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. As a group, sell-side analysts forecast that Adobe will post 14.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ADBE shares. Barclays lifted their price objective on Adobe from $650.00 to $675.00 and gave the company an “overweight” rating in a report on Wednesday, September 4th. Bank of America reaffirmed a “buy” rating and issued a $640.00 target price on shares of Adobe in a report on Friday, September 13th. Stifel Nicolaus lifted their price target on shares of Adobe from $600.00 to $650.00 and gave the company a “buy” rating in a research report on Friday, September 6th. Piper Sandler restated an “overweight” rating and issued a $635.00 price target on shares of Adobe in a report on Thursday, December 5th. Finally, Sanford C. Bernstein reduced their price objective on Adobe from $660.00 to $644.00 and set an “outperform” rating for the company in a report on Friday, September 13th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $600.79.

Insider Transactions at Adobe

In related news, EVP Scott Belsky sold 1,530 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $513.82, for a total transaction of $786,144.60. Following the completion of the sale, the executive vice president now directly owns 18,831 shares of the company’s stock, valued at approximately $9,675,744.42. This represents a 7.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amy Banse sold 606 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $550.00, for a total value of $333,300.00. Following the transaction, the director now owns 32,929 shares in the company, valued at approximately $18,110,950. This represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,793 shares of company stock worth $18,069,669 in the last three months. 0.15% of the stock is currently owned by company insiders.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.